1/11/2016 End of Year Numbers

(Since 5/31/2011)
S&P	Annualized	9.55%
Mouse	Annualized	13.36%
Rabbit	Annualized	10.36%
Turtle	Annualized	10.54%
S&P	Total	51.94%
Mouse	Total	77.79%
Rabbit	Total	57.21%
Turtle	Total	58.35%
Mouse	Advantage	3.81%
Rabbit	Advantage	0.82%
Turtle	Advantage	0.99%
	Previous	2015
S&P	53.06%	-0.73%
Mouse	142.84%	-27.55%
Rabbit	101.13%	-21.84%
Turtle	101.13%	-21.27%

The yearly returns for all models were catastrophic this year.

I was in good company, since this was the worst year for asset allocation in 78 years.  A good number of hedge funds attempted to open new investment options in order to keep from losing business, but most of it will be smoke and mirrors. Nothing worked this year.  That happens.  It was the worst year for the model too, and drove the performance advantage since 5/31/2011 to 12/31/2015 to almost nothing.

There’s nothing to do but ride it out, and so far this year the broad market is down more than my own funds – which are finally gaining some traction; too late for last year, but welcome in this year.

Breadth in the broad market is wildly negative, and only a handful of stocks have kept the S&P afloat.  That kind of discrepancy cannot continue, and we will either have a bear market in the large cap weighted indexes, or a roaring bull market in small caps.

If I were a prophet I’d be better off than the current PowerBall value of 1.3 billion.  As it stands I’m just an investor who’s had a really bad year.

On average I’ve done better.

And on average I’ll do better again.

The good thing about those “worst in 78 years” events is that they don’t happen every year!

Tim